Do you live in Fishers Indiana? Do you wonder how the Fishers Real Estate market is doing in your neighborhood. This is the report for you.
The graph is a pictorial of the last three years showing homes for sale in Fishers that have sold by month. This month is very close to a year ago with 171 sold compared to 173 a year ago.
In fact, this is the 2nd month in a row where we are close to the volume from a year ago. Keep in mind the 1st Buyer Credit ended in April of 2010.
There's good news and bad news to this. In 2011 the time it is taking to sell a home is 82 days; a year ago they were selling in 65 days. But, in 2011 the price per sq ft of a home selling is $99 compared with $95 a year ago...so an increase.
The most expensive home that sold in Fishers this month was an English Tudor for $1,225,000 and it was only on the market 32 days!
Neigborhoods in Fishers with homes selling the most include Avalon at 126th and Olio with 10; Springs of Cambridge with a Fortville address with 6 and Sunblest Farms in the heart of Fishers with 6.
A quick look at the YTD graph shows we are still a bit behind the year with the $8,000 credit! We are behind 17% from a year ago and our days on market are 92 YTD compared with only 77 a year ago.
We are averaging $96/sq ft this year compared with $93 a year ago. MIBOR says that homes that are priced to sell (based on the market) will sell for between 95 and 97%...and that is the case for both this year and last year on average.
Are you curious about your specific neighborhood. You can read the Fishers Neighborhood profiles or you can email/call me, your resource Real Estate agent in Fishers. I can tell you all about your neighborhood and what your home might be worth today. And it's free!
Search homes for sale in Fishers by Neighborhood
Other Northside Blogs (Carmel, Noblesville, and Geist)
Cindy "in Indy" Marchant - Fishers Real Estate Agent
Keller Williams Realty Indy Metro NE
Fishers IN Real Estate Website
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